Karnov Group acquires carved out legal information business of Schultz in Denmark
Karnov Group AB (publ) has today, through its fully owned subsidiary Karnov Group Denmark A/S, entered into a business carve out agreement to acquire legal information business of J.H. Schultz Information A/S (“Schultz LIS”) for a cash consideration of up to SEK 478 million.[1] The acquisition provides Karnov Group new customers on the Danish municipality market and strengthens Karnov’s portfolio of local content to develop best-in-class generative AI solutions for customers. The transaction is expected to close on the 19th of June 2024.For many years, Schultz LIS has successfully delivered